Tokyo stocks plunge on Bernanke's remarks
NHK -- Jun 20
Stock prices in Tokyo fell on Thursday after US Federal Reserve Board Chairman Ben Bernanke suggested that the Fed may trim its bond-buying program later this year.

Investors placed sell orders right after the Tokyo Stock Exchange opened, amid growing concerns that the tapering of the US stimulus program could reduce the flow of money into the stock market.

The 225-issue Nikkei Stock Average briefly fell below the 13,000 mark. But investors bought back export-related issues as the dollar gained ground against the yen on the foreign exchange market.

The Nikkei average closed the day at 13,014, down 230 points from Wednesday.

Source: NHK
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